Master's Professional Reports Abstract

Employer-Based Worker Education and Training in the U.S.: Past, Present
and Future

Employer-based education and training is a potential solution to the
complex issues facing the U.S. in the global marketplace of the 21st
century. Recent evidence suggests that investing in a skilled workforce
leads to improved economic competitiveness and productivity for individual
firms. A few companies have regained lost market share and profitability
by investing in their employees. Some of the most successful
employer-based initiatives are joint labor-management worker training
programs. Currently, Congress is considering legislation which would
consolidate existing federal job training programs, but these efforts are
likely to do little to encourage additional private sector investment.
Without some type of government intervention, it is unlikely the U.S. will
be able to compete economically in the future with overseas rivals such as
Germany and Japan.